How do balance transfers affect your credit rating?

A balance transfer occurs when you transfer the debt you have accrued on one credit card to another credit card. A balance transfer does not directly affect your credit rating. The new credit accou...
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How do balance transfers affect credit rating?

Transferring your credit card debt from a high-interest rate card to a low-interest rate card seems like a winning proposition. It can be, especially if you play your cards right.ProcessWhen you ma...
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Do balance transfers hurt your credit score?

On One Hand: Balance Transfers May Benefit Credit ScoresTransferring a balance from one credit card to another is usually a good decision. Credit rating agencies base your score on multiple factor...
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Upon cancellation delinquent travel charge cards may be reported to credit bureaus or similar entities and can affect your credit rating?